Shill Bidding - Net54baseball.com Forums

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#15

05-08-2016, 06:20 PM

jhs5120

Jason S!m@nds

Member

Join Date: May 2010

Posts: 867

Quote:

Originally Posted by Jeffrompa

That's what Bill Mastro said .

Bill Mastro broke the rules of his own auctions. If Mastro had put in language in the terms and conditions that stated certain lots have pre-established reserves and will be subject to house bids up to the reserve, than Mastro would not be in jail. (Assuming he only bid up to the reserve).

Christie's, Sotheby's, Phillips and most every big and small auction house in the world has similar language. I believe sports memorabilia is the only industry that frowns upon the practice.

Last edited by jhs5120; 05-08-2016 at 06:22 PM.

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